Search Results for: PPI

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Inflation Eased to 5.4% in December, Lowest Since 2021 CPI Rebasing
News

GSS Reaffirms Commitment to Data Integrity, Calls for Evidence-Based Policy on World Statistics Day

Six Sectors Push Back Against Falling Producer Prices
Business & Economy

Six Sectors Push Back Against Falling Producer Prices

ICT
News

Services Sector Shows Mixed Performance as ICT and Media Sub-sectors Lead Inflation in October

The Hidden “Gold” in Ghana’s Housing Deficit: How Housing Shortage is a Job Creation Opportunity
Business & Economy

Mining, Manufacturing and Construction Lead Declines as Sectoral Producer Inflation Cools in April

Ghana’s Inflation to Rise Above BoG Target in Early 2027, But ‘Runaway’ Levels of Old Unlikely - Fitch
Business & Economy

Producer Price Inflation Eases to 1.3% in November 2025

Ghana’s Factory Inflation Hit by 31.5% Metal Ore Surge and Utility Shock
Business & Economy

Ghana’s Factory Inflation Hit by 31.5% Metal Ore Surge and Utility Shock

Ghana’s Slowing Producer Price Inflation Signals Boost for Export Competitiveness
Business & Economy

Ghana’s Slowing Producer Price Inflation Signals Boost for Export Competitiveness

Why Ghana Must Tread Cautiously with Renewed Attempts to Nationalize Mineral Wealth
Business & Economy

Ghana’s Producer Price Inflation Falls to 3.8% in July, Signaling Relief for Businesses

Potential Investment Risks & Frivolous Claims Loom Over Ghana's Mining Sector Following Wontumi's Judgement
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Mining and Quarrying Drives Producer Price Inflation in November 2025

Ghana Records Lowest Producer Inflation Since 2023, Yet July Sees Fresh Price Uptick on M-on-M Basis
Business & Economy

Ghana Records Lowest Producer Inflation Since 2023, Yet July Sees Fresh Price Uptick on M-on-M Basis

Ghana’s manufacturing sector recorded a year-on-year decline of 2.2 percent in producer prices in March 2026, according to the latest Producer Price Index (PPI) report released by the Ghana Statistical Service, reflecting a broad easing in the cost of production across key industrial segments, particularly petroleum refining, basic metals, and non-metallic mineral products. The data, captured in the GSS’s monthly PPI newsletter, points to a sector experiencing mixed price dynamics. While the broader economy recorded a modest overall PPI inflation of 1.5 percent, the decline in manufacturing prices suggests that producers in several capital-intensive industries are facing lower input and output price pressures, which could improve cost efficiency and provide some relief to both firms and end consumers over time. The most significant price decline was recorded in the Manufacture of Coke and Refined Petroleum Products, where producer prices fell by 13.9 percent in March 2026, an improvement from the sharper 21.5 percent decline observed in February. This trend reflects the impact of moderating global crude oil prices and reduced cost pressures within the supply chain. In such an environment, domestic refiners may benefit from lower production costs, although competitive pressures, including a strong preference for imported refined products, may influence how much of these cost savings are retained or passed on to the market. Basic Metals recorded a producer price decline of 11.3 percent, while the Manufacture of Other Non-Metallic Mineral Products, which includes cement and construction materials, fell by 11.2 percent. These developments suggest that producers in these segments are operating in a lower-cost environment, which could translate into more affordable inputs for construction and infrastructure projects. The Construction sector’s producer price inflation eased from 0.3 percent in February to 0.1 percent in March, indicating emerging cost pass-through effects Similarly, the Manufacture of Wood and Cork Products declined by 9.5 percent, pointing to reduced pricing pressures across the value chain. While this may support cost efficiency for downstream industries, prolonged price declines could also affect revenue margins if not matched by increased sales volumes. In contrast, some segments of manufacturing are experiencing rising cost pressures. The Manufacture of Beverages recorded the highest producer price inflation among all 23 sub-groups at 15.2 percent in March, up from 14.8 percent in February. This sustained increase suggests that producers in this segment are facing higher input costs, which are likely being passed on through the value chain, ultimately contributing to higher prices for consumers. Rubber and Plastics Products also recorded inflation of 8.3 percent, while Leather, Textiles, and Electrical Equipment showed moderate price increases, indicating pockets of rising production costs within consumer-oriented manufacturing. These contrasting trends highlight an important dynamic within Ghana’s industrial landscape. While declining producer prices in heavy manufacturing may ease cost burdens and improve the affordability of industrial inputs, rising prices in consumer-focused segments suggest that inflationary pressures remain unevenly distributed across the sector. The easing of producer prices in mineral- and petroleum-based industries could support Ghana’s broader industrialisation agenda by lowering the cost base for production and potentially enhancing competitiveness. However, the persistence of price increases in other segments underlines the need for targeted interventions to manage cost pressures and ensure that gains from lower producer prices are effectively transmitted to consumers.
News

Ghana’s Manufacturing Sector Records Price Decline, Offering Relief to Producers

Despite the Glut, Onions, Yams, Others Make List of Top 20 Inflation Drivers Signaling Supply Chain Issues
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GSS Urges Gov’t To Sustain Fuel Stability, Improve Logistics To Support Price Competitiveness

News

Ghana’s Producer Inflation Falls to 3.0% in August, Lowest Since 2023

Ghana Producer Inflation Edges Up to 1.5% in March as Price Pressures Remain Subdued
Business & Economy

Ghana Producer Inflation Edges Up to 1.5% in March as Price Pressures Remain Subdued

Prices in Ghana Are Still Brewing Despite Steady Consumer Inflation
Business & Economy

Prices in Ghana Keep Rising Despite Steady Consumer Inflation